Federal Direct Parent Loans (PLUS)

<strong>Federal Direct Parent Loans (PLUS)</strong>

  • PLUS loans are federal loans that moms and dads of reliant undergraduate pupils can submit an application for.
  • PLUS loans aren’t granted centered on student’s need advance financial that is financial.
  • PLUS loans are lent through the U.S. Department of Education.

Borrowing Limitations:

  • Parents may borrow as much as the price of attendance minus virtually any aid that is financial with their reliant son or daughter.

Just how to make an application for a PLUS Loan:

  • Dependent pupils of this moms and dads borrowing the PLUS loan must complete the FAFSA.
  • Borrowers will have to finish the Parent PLUS application for the loan at studentloans.gov. Moms and dad will log in aided by the parent’s FAFSA password and username.
  • PLUS application for the loan email address details are provided for TTC for certification within 24-48 hours.
  • If approved, a Direct must be signed by the parent borrower PLUS Loan Master Promissory Note (MPN).
  • Pupils would be notified of these honor through their my. Tridenttech.edu e-mail.

Federal PLUS Loan Eligibility: